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Neverwho Co. has 7 percent bonds on the market with eight years left to maturity. The bonds make annual payments and sell for $902.25. On
Neverwho Co. has 7 percent bonds on the market with eight years left to maturity. The bonds make annual payments and sell for $902.25. On these bonds, what is the yield to maturity? 0 7.22% 0 7.00% 0 8.75% 0 7.76% O 6.32% J&J Manufacturing just issued a bond with a $1,000 face value and a coupon rate of 8%. If the bond has a life of 20 years, pays annual coupons, and the yield to maturity is 7.5%, what is the total present value of the bond's maturity or face value? 0 $235.41 0 $341.15 0 $1,050.97 0 $1,000.00 O $815.56
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